QUALITY FIRST CHILD CARE INC

EIN: 010946091 501(c)(3) Education

BOLINGBROOK, IL

Total Revenue
$625,000
Total Expenses
$575,000
Total Assets
$625,000
Net Assets
$50,000
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2010
Legal Domicile
IL
Phone
6308066348
Tax Period
2022-01-01 to 2022-12-31

QUALITY FIRST CHILD CARE INC, founded in 2010, is a small nonprofit in the Education sector that reported $625K in total revenue in fiscal year 2022. Expenses of $575K left a modest 8% surplus.

Mission

Quality First Child Care Inc. is part of First Family of Faith Church a 501c3 and provides Christian based child care services.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $625,000
Investment Income $0
Other Revenue $0
TOTAL REVENUE $625,000

Expense Breakdown

Grants Paid $259,000
Salaries & Benefits $80,000
Fundraising Expenses $0
Program Expenses $575,000
Other Expenses $236,000
TOTAL EXPENSES $575,000

Year-over-Year Comparison

2022 2021 Change
Revenue $625,000 $605,000 +0.0%
Expenses $575,000 $295,000 +0.9%
Net Income $50,000 $310,000 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
3
Independent Members
N/A
Employees
N/A
Volunteers
12

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$0
Total Directors
0
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Napoleon L Lawson President and CEO 0.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2022 $625,000 $575,000 $625,000 $50,000
2021 $605,000 $295,000 $160,000 $310,000
2020 $977,189 $395,880 $160,000 $581,309
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